Primary research using quantitative methods in social sciences

Abstract

Empirical processes based on data from secondary or primary sources are characteristic of research in social sciences in the discipline of economics and finance. The difference between the two forms lies in the use of extraneous or so-called proprietary, or author’s data in the analysis. Primary research is a research process in which the author of the study conducts research using proprietary measurement tools created for the study and with reference to the adopted research method. In the field of economics, mainly quantitative methods are used and the most egalitarian method is the survey method, while the research technique - survey questionnaires. In this publication, the authors presented a typology of quantitative research methods used in the discipline of economics and finance.